Asian rate markets likely to show diverging responses again
In the midst of the negative EM sentiment, individual Asian rates markets are expected to show diverging responses again. TGBs and KTBs will continue to perform well like safe-haven assets with yields lowering. Meanwhile…
In the midst of the negative EM sentiment, individual Asian rates markets are expected to show diverging responses again. TGBs and KTBs will continue to perform well like safe-haven assets with yields lowering. Meanwhile, CNH rates, HKD basis and SGD rates are facing upside pressures. The RMB's continuous negative sentiment is expected to have benefited CNH rates. The Chinese central bank has stated that from 25 January 2016 a reserve requirement will be imposed on RMB deposits which offshore financial institutions place at onshore financial institutions.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
